Alabama Hard Money Lenders
Need a hard money loan secured by real estate in Alabama? This page has a list of direct hard money lenders that offer quick funding for an Alabama property purchase, refinance, fix & flip, rehab & rent, ground-up construction, and equity cash out in 1st lien position. Hard Money lending is only for investment properties, not for homesteads. The loans are mainly based on equity in the subject property. For most lenders, the maximum LTV is typically 70% for a purchase and 65% for an equity cash out loan. Scroll to see the list of lenders.Searching...
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RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
Coastal Equity Group
Direct Private Lender for Real Estate Investors in the Southeast
Residential Capital Partners
100% Financing for Residential Rehab Projects (NO Money Down)
LendingOne
Rental, Fix & Flip, New Construction, Fix to Rent, SFR Portfolio Loans Nationwide
Yieldi LLC
Direct, Reliable Lender for Investment Properties
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
RBI Private Lending
Direct lender, specialized in Bridge, Fix and Flip and Construction. FN and new investors welcome.
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
Backflip
Fix and Flip Direct Lender with all-in-one platform providing comps, capital and community to help you scale
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
ZINC Financial
Direct Lender for Real Estate Investors. Established in 2006.
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
Center Street Lending
Smarter Loans for Residential Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Alabama Hard Money Interest Rates
According to the hard money loan documents software company, Lightning Docs, the average interest rate for Alabama hard money loans in the 2nd quarter of 2024 was 11.54%. The average loan amount was $377,352. These stats are the average of 41 short-term loans (including bridge, rehab, and ground-up construction) funded for properties in Alabama between April 1, 2024 and June 30, 2024 by multiple hard money lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for Alabama hard money loans in the 1st quarter of 2024 was 11.10%. Lenders charged an average of 2.7% points (origination fee). The average LTV (loan-to-value) for hard money loans in Alabama was 62%, and the average loan amount was $290,400. These stats are the average of all the loans which were funded between April 1, 2024 and June 30, 2024 by the many hard money lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Alabama Hard Money Lenders
According to Forecasa™, here are the Top 10 Hard Money Lenders ranked by the number of loans originated in Alabama from June 2023 to May 2024.
- Kiavi
- RCN Capital LLC
- Mobile Capital Company LLC
- LendingOne
- Robertson Banking Company
- Constructive Loans LLC
- JL Lane Lending LLC
- Rei Funding Partners LLC
- Lima One Capital LLC
- Longhorn Investments
Forecasa™ gives investors and lenders in the private real estate market powerful analytics and actionable insights. They help you skip the hassle of combing county records and focus on closing deals. With detailed market trends, investor and lender activities, and competitive benchmarking, you can make smart, strategic decisions. Some of their services include dynamic market reports, transaction-level details, customer analytics, borrower verification, and in-depth profiles of investors, lenders, and capital partners. You’ll find their top lenders data for many other states on our platform.
